Economy

One in five people saving for retirement are buying houses

A study by the Portuguese insurance and pension fund regulator (ASF) reveals that 45% of Portuguese citizens are saving for retirement. Among those saving, 42% rely on bank deposits, while 17% have invested in real estate, excluding their primary residence.

Why it matters

If you are planning your own retirement, the data shows that real estate has become a significant investment vehicle for residents to supplement public pensions, though it is not a formal pension product.

Observador· 1h agoRead original ↗

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Economy

More than half do not save for retirement, and the majority is due to lack of resources

A study by the Insurance and Pension Funds Supervisory Authority (ASF) reveals that 55% of the population does not actively save for retirement, primarily due to financial constraints. While 49% of respondents believe retirement planning should begin before age 30, only 28% currently hold a long-term retirement savings product, highlighting a heavy reliance on the public pension system.

Correio da Manhã· 1h agoRead original ↗

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Insolvencies in Portugal stabilize in 2026, but Allianz Trade forecasts a 2% rise in 2027

Corporate insolvencies in Portugal are expected to reach approximately 2,250 in 2026, remaining stable compared to 2025, with 1,632 cases recorded in the first nine months. Allianz Trade forecasts a moderate 2% increase to 2,300 cases in 2027 due to persistent financing and production costs despite a resilient economy.

Diário de Notícias· 1h agoRead original ↗

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Economy

Fundão municipality issues another negative opinion on the reformulated Sophia solar plant project

The Fundão municipal government has maintained its opposition to the proposed Sophia solar park project. Despite a 34% reduction in planned capacity and the removal of solar panels from the municipality's territory, the council continues to object due to concerns over the environmental and visual impact of the associated high-voltage power lines.

Público· 1h agoRead original ↗

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